# PPP loan: MARTIN MACHINE WORKS INC
> **$298K** approved 04/07/2020 · Paid in Full · Loan `6801317001`
## Borrower
- **Name:** MARTIN MACHINE WORKS INC
- **Address:** 34 VOLUNTEER LN, DECATURVILLE, TN, 38329-8113
- **NAICS:** 332710
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Mortgage interest:** $9K
- **Utilities:** $36K
- **Jobs reported:** 40
## Lender
- **Originating:** Decatur County Bank
- **Servicing:** Decatur County Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*